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Your auto insurance coverage limit is the highest dollar amount we’ll pay if you make a claim on a covered loss (that’s insurance-speak for any losses that fall within the bounds of your policy).
The higher your coverage limit, the more we may pay, but the higher your premiums will be to obtain that coverage.
Lowering your coverage limit is a good way to bring your premiums down and save money now, even if you may need to pay more out-of-pocket later, after an accident. But keep in mind that each situation is unique. Be sure to consider your own needs before lowering your coverage.
Typically, higher deductibles mean lower premiums.
The higher you set your coverage limit, the more protection you may have in the event of a covered accident. Alternately, lowering your coverage limit can help you save some money on your premiums.
Setting a higher deductible amount can help keep your auto insurance premiums down. But a lower deductible (with higher premiums) means you’ll pay less out-of-pocket when you make a claim.
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Insurance can bit when first reviewing your policy. From car insurance Florida has or to busines
Home insurance policyholders may not be aware of what their coverage entails. They may be in for